Provision Entry for Expense

In case of a provision entry for expense, debit the expense ledger and credit the provision for expens ledger is this true or false

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Satish Arsul

  • Oct 6th, 2018
 

True

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Dalip Singh

  • Nov 2nd, 2018
 

No

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vinod kumar reddy

  • Nov 15th, 2018
 

true
entry for provision for expense is like provision for bad debts as per nominal account all expenses and losses are debit
expense or losses a/c DR
to provision a/c CR

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